Sino American Oil Co (Sino American Oil Co) Interest Expense : $-0.00 Mil (TTM As of Mar. 2023)

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What is Sino American Oil Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sino American Oil Co's interest expense for the three months ended in Mar. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Sino American Oil Co's Operating Income for the three months ended in Mar. 2023 was $ -0.04 Mil. Sino American Oil Co's Interest Expense for the three months ended in Mar. 2023 was $ 0.00 Mil. Sino American Oil Co has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Sino American Oil Co Interest Expense Historical Data

The historical data trend for Sino American Oil Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sino American Oil Co Interest Expense Chart

Sino American Oil Co Annual Data

Trend

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Interest Expense

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-0.01

Sino American Oil Co Quarterly Data
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Sino American Oil Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Sino American Oil Co (OTCPK:OILY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sino American Oil Co's Interest Expense for the three months ended in Mar. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $0.00 Mil.

Sino American Oil Co's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Sino American Oil Co had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Sino American Oil Co (Sino American Oil Co) Business Description

Industry

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Address

2123 Pioneer Avenue, Cheyenne, WY, USA, 82001

Website

https://www.sinoamericanoil.com

Sino American Oil Company is an oil and gas exploration company. It also seeks mergers and acquisitions contracts and commodity trading of hydrocarbon products. The Company is currently negotiating deals with a large exploration area oil field owners in the Western Canadian sedimentary basin. The deals involve oil and gas production acquisitions, mineral land acquisitions, and further production increases through production optimization and drilling activities as well as production infrastructure installations.

Executives

Cameron R Fink	director	5190 NEIL ROAD, SUITE 430, RENO NV 89502
Ronald Edward Hughes	director, officer: President CFO	347 EVERGREEN WAY, POINT ROBERTS WA 98281
Heather Grant	officer: Corporate Secretary	3631 GRANVILLE AVE, RICHMOND A1 V7C1C8
Arne Raabe	director, 10 percent owner, officer: President, CFO	88 QUEENS ROAD, HONG KONG K3 999999
Craig Wacaser	director	350 SOUTH CENTER STREET, SUITE 500, RENO NV 89501

Sino American Oil Co (Sino American Oil Co) Headlines

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